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Daily updates on the Karachi Stock Market, with news, company dividends and KSE-100 index movements.The rollercoaster of a day trader's dream /nightmare riding the KSE-100 index. More than 860 posts and counting ...
The Karachi Stock market maintained an upward movement through the day and towards the end surged up to 9,949 and finally closed at 9,920.64 . OGDC closing at upper cap was was one of the main determinants for all the other stocks to follow. While the market has closed well above its 30 dma it remains to be seen whether it will close above its 200 dma (10,060) 2moro.
UPPER CAP : OGDC / PPL / LUCKY / FFCL
Market close : 9,920.64 — 264.71 points up
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